Edgar

Edgar is single and has lived in the Villa Verde neighborhood of Cochabamba for many years. He is from the Chapare province, within the Cochabamba department. It’s one of the poorest areas in Bolivia. He came from his native community of Colomi, as most did, to look for a better opportunity. Production decreased in his native community because of climate changes, and it continues to drop and become scarcer, so he decided to come to the tropical area. Over time and with lots of hard work, he bought a plot of farmland and works as a farmer. He is asking for this loan to expand his yucca production and be able to improve his life. He has been cooperating with his group, “Monte Sinay,” whose members run their own businesses.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.